Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience. March 19, 2022

Kkr To Buy Japanese Real Estate Asset Manager For $2B

Private equity giant KKR is paying $2 billion to buy Japan’s Mitsubishi Corp-UBS Realty in an all-cash deal that bolsters its assets by a third and deepens its presence in Japan. KKR is buying the Tokyo-based real estate asset manager from Mitsubishi of Japan and UBS Asset Management of Switzerland, according to an SEC filing by the company. The transaction is expected to close in April. The Japanese joint venture, formed in 2000, is a The post KKR to buy Japanese real estate asset manager for $2B appeared first on The Real Deal New York.
Read by 37% of LPs 5 hours, 9 minutes ago

The Down-rounds Of Venture Capital And Speculative Private Tech Bubble: 5 Things To Know About 'valuation Spook' Being Over

Sweden-based payments company Klarna Bank AB was Europe's most valuable fintech startup in June when SoftBank's Vision Fund 2 led an investment that valued it at $45.6 billion, making it more valuable than most large European banks. Now the company wants to raise up to $1 billion from new and existing investors in a deal that [...] The post The Down-Rounding Of Venture Capital And Speculative Private Tech Bubble: 5 Things To Know About 'Valuation Spook' Being Over appeared first on Moguldom.
Read by 49% of LPs 6 hours, 49 minutes ago

Cdvca Dives Into Prfg 2021 Impact Outcomes With Fund Managers - The Community Development Venture Capital Alliance

After more than two years meeting virtually, CDVCA New York and Puerto Rico-based leadership returned to San Juan to meet in person with managers of the business investment funds CDVCA has invested in through the Puerto Rico Fund for Growth (PRFG), a $45 million fund of funds managed by CDVCA. Participants discussed how to grow the burgeoning business finance ecosystem in Puerto Rico and the impact PRFG and the funds and businesses it supports has had on the Puerto Rican economy. Fund managers from Acrecent Financial Corporation, Bluhaus Capital, Moonsail Capital, Morro Ventures, Parliament Capital, and Semillero Ventures, participated in the meeting and reception on May 10, 2022, at the Verdanza Hotel in San Juan.
Read by 68% of LPs 7 hours, 9 minutes ago

Former Zillow Ceo And Bezos Family Office Invests In Arrived Homes

Seattle-based Arrived Homes LLC is a real estate investing platform that allows anyone to buy shares in single-family rentals starting at just $100. Arrived Homes has raised a $25 million Series A led by Forerunner Ventures. Returning investors include Bezos Expeditions (the personal investment company of Jeff Bezos), Good Friends (a venture fund run by...
Read by 53% of LPs 11 hours, 49 minutes ago

Is Climate Tech Hottest Corner Of VC Business In The 2020s?

While government policies and leadership from Washington can help accelerate change, there's another place that can accelerate change much faster: Silicon Valley.
Read by 61% of LPs 12 hours, 9 minutes ago

Thg Surges 24% As Candy Ventures Says It May Consider Making An Offer

Shares of THG climbed 25% in London as a potential bidding war emerged for the U.K.-listed online retailer, known as the Hut Group. THG said late Thursday that it had rejected a proposal from a group of investment companies led by Belerion Capital and King Street Capital Management for 170 pence a share, valuing the deal at 2.07 billion pounds ($2.58 billion). Meanwhile, technology venture capitalist Candy Ventures Sarl said late Thursday that it was in the early stages of considering a possible offer for THG, though there was no guarantee of a formal offer.
Read by 62% of LPs 12 hours, 39 minutes ago

Auto Fintech Caribou Valued At $1.1B After Funding

Caribou, a FinTech that focuses on automobile installment loan payments, has completed a $115 million Series C funding round, according to a Friday (May 20) press release. The company's valuation is now $1.1 billion. The company will use the capital to continue growing by investing in its platform and new products as well as adding [...]
Read by 74% of LPs 15 hours, 9 minutes ago

Archegos Collapse Caused By Synthetic Prime Brokerage And Risk Management Failings, Says Esma

In a new study, ESMA analyses how the use of synthetic prime brokerage allowed the family office to remain 'largely invisible' to regulators. The post Archegos collapse caused by synthetic prime brokerage and risk management failings, says ESMA appeared first on The TRADE.
Read by 70% of LPs 16 hours, 39 minutes ago

Revolut Founder Nik Storonsky Is Launching His Own Vc Fund

QuantumLight is billionaire and Revolut chief Storonsky's latest venture, which aims to remove human bias from the VC funding process. Nik Storonsky, the founder of one of Europe's most successful start-ups, Revolut, is launching his own venture fund called QuantumLight that will use new technologies to identify promising start-ups to invest in. Pitching itself as "the first truly systematic venture capital and growth equity firm", QuantumLight is built as a technology company led by tech unicorn founders, quant traders, AI scientists and engineers - none of whom has yet been named.
Read by 80% of LPs May 19, 2022

Xendit Raises $300M To Grow Payments Platform

Southeast Asia payments platform Xendit closed a $300 million Series D funding round that brings its total investment capital since 2015 to $538 million, according to a Thursday (May 19) press release. The company plans to use the fresh capital to continue its expansion of its digital payments infrastructure across the region. Coatue and Insight [...]
Read by 55% of LPs May 19, 2022

Lucidlink Scores $20M In Series B

SAN FRANCISCO, CA, LucidLink, a SaaS solution, has raised $20 million in funding from investors in its Series B funding.
Read by 71% of LPs